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Coca-Cola's 26% year-to-date gain beats the Magnificent Seven as valuation question sharpens

9/11/2026

26% year-to-date price appreciation puts Coca-Cola (NYSE: KO) ahead of every Magnificent Seven component and the broader S&P 500 as of September 2026, a run built on accelerating second-quarter fundamentals that has also pushed the stock to a forward earnings multiple well above its decade-long norm.

The re-rating is real; whether it holds is the live debate. The numbers behind the outperformance The S&P 500 is up roughly 13.6% year to date.

KO's 26% eclipses even Nvidia (up 23.5%), the next-closest performer among the names compared. Apple and Amazon are up double digits but trail KO. Broadcom and Microsoft have posted only single-digit gains.

Alphabet and Meta Platforms are each down approximately 6.5% since January.